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Most studies analyzing the impact of human capital in agriculture use the measure of years of schooling of the producer as a proxy for decision-making skills. An alternative measure is used in this paper. The measure was derived by grading decision-making and execution skills of a sample of...
Persistent link: https://www.econbiz.de/10010323127
This paper attempts to understand the linkages between human capital and input choice in agricultural firms. The hypothesis to be tested is that better educated managers choose different input combinations than managers with a lower educational level. In particular, the hypothesis is that the...
Persistent link: https://www.econbiz.de/10010323187
Persistent link: https://www.econbiz.de/10015079084
associable branch specific costs. At an on-farm-basis the system has been developed to a management information system under … nutrient mapping, spectroscopic crop condition information as well as use of the global positioning system. At an aggregated …
Persistent link: https://www.econbiz.de/10015079164
Real Options: Concept, Methods and Applicability in Agricultural EconomicsThis paper discusses the real options approach to investment. Real options facilitate an analysis of investment under uncertainty explicitly taking into account irreversibility of the investment decision and flexibility...
Persistent link: https://www.econbiz.de/10015079208
Traditional objects of farm management research and farm management science are farms and farm households. In the course of time new objects have been added, for example different forms of horizontal and vertical co-operation, commerce and manufacturing enterprises in the field of agriculture,...
Persistent link: https://www.econbiz.de/10015079311
experimental lab in three different informational settings, and study the role of information in individual decision making. Our … truthful preference revelation. In addition, we find that information has an important effect on truthful behavior and … stability. Nevertheless, regarding efficiency, the Gale-Shapley mechanism is less sensitive to the amount of information …
Persistent link: https://www.econbiz.de/10010332350
This paper experimentally investigates the impact of different pay and relative performance information policies on … employee effort. We explore three information policies: No feedback about relative performance, feedback given halfway through … off. Moreover, in both pay schemes information feedback reduces the quality of the low performers' work. …
Persistent link: https://www.econbiz.de/10010268675
During the Corona pandemic, access to reliable information is particularly relevant in order to be able to take … protective measures. However, migrants and refugees in transit and residence countries often lack such access to information …. This opens the opportunity for alternative sources of raising awareness and information. Corona Songs about COVID-19 and …
Persistent link: https://www.econbiz.de/10012692487
have better information about the state of the world than voters. Three types of institutions are compared: direct …
Persistent link: https://www.econbiz.de/10010320914